Wall Street's Pessimism Creates Buying Opportunities in Ellington Financial and Ross Stores, Avoid TriCo Bancshares

Three stocks are analyzed in the article. Ellington Financial (EFC) is considered a sell with a 4.8% implied return, due to underperforming EPS growth and declining tangible book value per share. Ross Stores (ROST) is considered a buy with a 2.2% implied return, due to its strong same-store sales performance and market-beating returns on capital. TriCo Bancshares (TCBK) is considered a buy with an 8.4% implied return, due to its impressive EPS growth and tangible book value growth.